mlawson71 wrote: Mon Dec 03, 2018 12:05 am Does anyone have an analysis regarding when the sideways consolidation may end, it's gone on for months now.

Still an uptrend sir. Are you in any trades for EURGBP? All this Brexit stuff is causing headaches! It can't decide where it wants to go but long-term bias is to the upside.
I know Jimmy is in a few long trades for this pair and maybe Mr Macd&rsi too.

Here's some analysis:

EUR/GBP Technical Analysis: Euro dropping against the British Pound en route to the 0.8840 level

• EUR/GBP is trading in a bull trend above the 200-period simple moving average (SMA).
• EUR/GBP slipped through the 0.8900 figure as technical indicators are weakening.
• The next target to the downside is likely located near the 0.8840 level.

Additional key levels

Overview:
Today Last Price: 0.8861
Today Daily change: -50 pips
Today Daily change %: -0.561%
Today Daily Open: 0.8911

Trends:
Previous Daily SMA20: 0.8811
Previous Daily SMA50: 0.8832
Previous Daily SMA100: 0.8885
Previous Daily SMA200: 0.8836

Levels:
Previous Daily High: 0.8922
Previous Daily Low: 0.884
Previous Weekly High: 0.8934
Previous Weekly Low: 0.8839
Previous Monthly High: 0.8942
Previous Monthly Low: 0.8722
Previous Daily Fibonacci 38.2%: 0.8891
Previous Daily Fibonacci 61.8%: 0.8871
Previous Daily Pivot Point S1: 0.886
Previous Daily Pivot Point S2: 0.8809
Previous Daily Pivot Point S3: 0.8778
Previous Daily Pivot Point R1: 0.8942
Previous Daily Pivot Point R2: 0.8973
Previous Daily Pivot Point R3: 0.9024

Source: https://www.fxstreet.com/news/eur-gbp-t ... 1811301653